Hints and tips:
...Because such loans attract interest at floating rates, their value does not mechanically fall as rates rise — but that may not help much if overleveraged companies struggle to meet the rising cost of servicing...
...What’s missing is an integrated smartphone mount to aid with viewing the app, but you could add one yourself or wait for the V, which will include one....
...(FT) Life in the UK is not easy for former HK residents Those fleeing China’s crackdown face bureaucratic hurdles and high property prices, writes Louise Lucas....
...It makes personal loans and plans to expand lending but will do so by raising outside capital. An Ualá money market savings fund, run with a local partner, has attracted 380,000 customers....
...Companies that had foreign currency loans and lira revenues were squeezed by the soaring cost of servicing their debt. Are bad debts holding banks back?...
...The TFS offers banks four year loans at the policy rate and was designed to incentivize them to pass on lower rates to borrowers....
...Yes, the numbers are bigger, but the shock, while not a V is shorter and sharper than that crash, and the pre-crisis fiscal situation was strong....
...As the stock of non-performing loans falls, servicing platforms are beginning to look at new ways of making money. Read the full piece by the FT's Thomas Hale here....
...IMF loans are relatively expensive and the early payment will help save the Irish treasury about €150bn in debt servicing costs....
...– FT Alphaville Don’t panic about auto loans just yet — tax season isn’t over, after all — FT Alphaville...
...Again, the MGDD implies no balance sheet benefit to the Greek government’s favourable terms (section V.6.2, emphasis ours): A granting of low interest rate loans is a specific public policy activity carried...
...Blockchain technology could represent the most radical departure from longstanding financial bookkeeping practices since Luca Pacioli formally codified the Medicis’ double-entry accounting system in the...
...In recent years it has been a buyer of competitors, including Homeward Residential Holdings, Litton Loan Servicing, and ResCap’s servicing business....
...The debt relief steps agreed in 2012 have lowered the likelihood of the country facing serious debt servicing problems in the foreseeable future; the average maturity of loans from Europe’s bailout fund...
...They were also undeterred by the fact that by far the lion’s share of earnings was gobbled up by servicing debts and liabilities....
...Premier Foods, which has been selling down assets and cutting costs, was granted a breathing space when its 28 lenders renegotiated loan terms in March last year....
...It is the latest deal for Ocwen this year following the acquisition of servicing companies including Litton Loan Servicing from Goldman Sachs and Saxon Mortgage Servicers from Morgan Stanley....
...The suit also alleged that senior executives knew that employees of the Litton mortgaging servicing business, which has since been sold, were fraudulently signing off on foreclosure documents – a practice...
...In fact, the biographer was referring to Luca Signorelli, a painter whose name today has been eclipsed by his peers....
...Based on first-half numbers, it paid about £120m servicing debt last year....
...and foreclosure processing at its Litton Loan Servicing unit....
...Lawsky, the three firms—Goldman, its Litton Loan Servicing business and Ocwen Financial Corp....
...The claims about Litton Loan were brought to the NY Fed’s attention by an employee letter seen by the FT....
...The deal would be wrapped up in January under the terms of Greece’s new €130bn international bail-out, cutting annual debt servicing payments by about €5bn....
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